GIC

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General

27 September, 2023

Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said.   ADIA, which is already an ......

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Healthcare

25 September, 2023

TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......

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Healthcare

20 September, 2023

TPG-backed Asia Healthcare Holdings acquires nephrology hospital chain

Asia Healthcare Holdings (AHH), which operates Motherhood Hospitals and Nova Fertility Clinics, has struck a deal to pick up a majority stake in a urology and ......

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Infrastructure

20 September, 2023

What is clouding GIC-controlled Greenko's outlook as it diversifies into new areas?

In March, Hyderabad-based renewable energy company Greenko raised $700 million (around Rs 5,700 crore) via a rights issue from its existing backers—GIC of Singapore, Abu Dhabi ......

Manufacturing

18 September, 2023

GIC-backed Ather gears up to test export markets after subsidy cuts

Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive ......

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TMT

08 September, 2023

Deals Digest: Funding value doubles this week on two big-ticket transactions

The total value of private equity and venture capital deals in India nearly doubled this week from the previous five-day ......

Infrastructure

05 September, 2023

GIC, Hero MotoCorp invest $108 mn more in Ather Energy

Hero MotoCorp, India biggest two-wheeler maker by volume, and Singapore sovereign wealth fund GIC have invested Rs 900 crore ($108 ......

TMT

28 August, 2023

GIC-backed Skyroot to raise funding, double rocket launches amid Chandrayaan-3's success

Skyroot Aerospace, which launched India's first private rocket in 2022, aims to double its planned launches starting next year on ......

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Manufacturing

25 August, 2023

GIC adds PE-backed manufacturing company to India portfolio

Singapore sovereign wealth fund GIC, one of the most active private equity-style investors in India, has added a manufacturing company ......

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Manufacturing

24 August, 2023

GIC, ADIA-backed Greenko's promoters seal over $200-mn takeover

A company owned by the promoters of the Hyderabad-based Greenko Group, one of India’s largest renewable energy producers, is set to acquire the assets of a leading ......